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Keith Regan
One Year Ago: The Amazon Question: Will Investors Trade Growth for Profits?
01/31/02 6:46 PM PT | E-Commerce Times | 535 Words

Layoffs Weighed

Kristine Koerber, an analyst with W.R. Hambrecht, said the layoffs and the planned closing of a Georgia distribution facility may disrupt business at Amazon in the short term and that slowing revenue may make true, long-term profitability...

Keith Regan
Dot-Com Shakeout Hits Tech Research Firm
01/10/02 12:01 PM PT | E-Commerce Times | 451 Words

Colony said the restructuring would result in 126 layoffs , or about 22 percent of the firm's worldwide workforce, and could save the company up to US$20 million a year.

Changing Industry

Forrester's move comes amid widespread...

Keith Regan
E-Commerce 2001 in Review: The Profit Quest
12/26/01 11:20 PM PT | E-Commerce Times | 563 Words

Many e-commerce firms found they had to downsize in order to make it happen, helping to prompt about 100,000 dot-com layoffs during the year, according to Challenger, Gray & Christmas.

Rule Breakers

As with all rules, there...

Michael Mahoney
Report: Dot-Com Job Cuts Fall to 12-Month Low
08/29/01 5:12 PM PT | E-Commerce Times | 527 Words

On the one hand, dot-com layoffs in August fell 44 percent from July, to reach a 12-month low of 4,899. On the other, the number of dot-com firms that permanently closed up shop leaped 133 percent in August, with 21 companies calling it...

Keith Regan
Kmart, Wal-Mart Rein in E-tail Units
07/24/01 7:33 PM PT | E-Commerce Times | 514 Words

Published reports first gave hints of the buyback deal in late May, amid restructuring at BlueLight that included layoffs and executive moves. Softbank, one of the most aggressive investors in Internet pure plays, has since been actively selling off its stakes in...

Lori Enos
Study: E-Commerce Drives Internet Services Spending Forward
06/26/01 4:40 PM PT | E-Commerce Times | 515 Words

In April, KPMG and PricewaterhouseCoopers both announced layoffs . KPMG cut 550 jobs because of a weakened demand for some services. As a result of the layoffs, the company will take a charge of up to $20 million in the current quarter.

Nora Macaluso
Midday Report: Nasdaq Slides on Economy Worries
05/03/01 12:40 PM PT | E-Commerce Times | 425 Words

... of increasing layoffs and declining activity in the service economy pushed stocks lower by midday Thursday, with the Nasdaq Composite Index poised to end a four-day winning streak. At midday, the Nasdaq Composite was down 63.36 at 2,157.24, dragged south by a...

Clare Saliba
Ameritrade To Cut Jobs, Spending
04/13/01 4:24 PM PT | E-Commerce Times | 524 Words

The Omaha, Nebraska-based firm, which previously said this round of layoffs would affect about 170 employees , attributed the deeper cuts to "continuing slow market activity."

Ameritrade said earlier this month that the cuts would be implemented at call centers in Omaha,...

Lori Enos
Ariba in Freefall After Its Own 'Black Monday'
04/03/01 6:09 PM PT | E-Commerce Times | 585 Words

... (B2B) software provider Ariba (Nasdaq: ARBA) announced a slew of bad news after the markets closed Monday, including massive layoffs , lowered earnings expectations, and the cancellation of a planned merger with Agile software . Ariba stock closed Tuesday at US$4.44 --...

Nora Macaluso
Ameritrade Falls on Job Cuts
04/02/01 12:16 PM PT | E-Commerce Times | 280 Words

The layoffs are Ameritrade's second batch this year. In January, Ameritrade said it let go more than 230 full-time employees , or about 9 percent of its workforce, as well as 100 temporary workers. Those layoffs also mainly affected workers in Fort...

Nora Macaluso
Midday Report: Nasdaq Higher as Techs Continue Rally
03/23/01 12:31 PM PT | E-Commerce Times | 353 Words

Motorola Gains on Layoffs

Motorola (NYSE: MOT) was up 5 U.S. cents at $15.73 after announcing plans for 4,000 more layoffs . The semiconductor maker said the latest cuts will come from its networks business , and will bring...

Keith Regan
Shareholders Sue Priceline over IPO
03/19/01 10:22 AM PT | E-Commerce Times | 517 Words

Layoffs Lawsuit

Priceline and Walker, meanwhile, has other legal worries. In January, the Connecticut Attorney General sued Priceline's patent holding company, Walker Digital, for violating state laws regulating layoff procedures.

The Connecticut lawsuit claims that Walker Digital owes...

Elizabeth Blakey
Homes.com Cuts 150 Workers
03/15/01 4:09 PM PT | E-Commerce Times | 430 Words

The layoffs , which represent approximately 40 percent of the company's employees, will be made in sales , product development and administrative staff.

According to the company, the cuts are "due to disappointing operating results in January and February combined with the...

Nora Macaluso
Amazon Denies Report of Insider Trading Investigation
03/09/01 11:24 AM PT | E-Commerce Times | 500 Words

Bezos' first sale came on the first day of open trading for Amazon insiders following the company's fourth quarter earnings report, which contained news of 1,300 layoffs and a warning of slowing growth, but also a pledge for profitability by year's end.

Michael Mahoney
Lots of Shake Left in the Dot-Com Shakeout
02/26/01 5:37 PM PT | E-Commerce Times | 584 Words

More shutdowns and layoffs lie in wait for the online world.

"If you look at venture capital funding for e-commerce companies, the second and third rounds of financing really tapered off for [the] third/fourth quarters of 2000," Steve Butler, business analyst for...

Clare Saliba
Report: Amazon Smashed E-tail Competition in January
02/14/01 12:21 PM PT | E-Commerce Times | 579 Words

The Seattle, Washington-based Internet bellwether has spent the past couple of weeks trying to emerge from the shadows of its largest layoffs to date.

In addition to the layoffs, the company has slashed its sales forecasts and is facing questions about its...

Michael Mahoney
Amazon Beats Street, Warns, and Lays Off 1,300
01/31/01 12:00 AM PT | E-Commerce Times | 561 Words

Amazon will take a $150 million charge against earnings in the first half of the year as a result of the new layoffs .

"It is always difficult and painful, but clearly it's the right business decision for us as we pursue...

Keith Regan
The Amazon Question: Will Investors Trade Growth for Profits?
01/31/01 12:00 AM PT | E-Commerce Times | 520 Words

Layoffs Weighed

Kristine Koerber, an analyst with W.R. Hambrecht, said the layoffs and the planned closing of a Georgia distribution facility may disrupt business at Amazon in the short term and that slowing revenue may make true, long-term profitability...

Elizabeth Blakey & Jon Weisman
The Super Bowl Shakeout Stakeout
01/16/01 12:00 AM PT | E-Commerce Times | 804 Words

E-commerce watchers in 2000 saw a record number of closures and layoffs and a spectacular drop in stock prices. Little wonder that two of the three dot-com companies with the money and guts to buy Super Bowl ads this time around, HotJobs.com...

Clare Saliba
Amid Market Woes, Ameritrade Cuts Jobs
01/08/01 4:14 PM PT | E-Commerce Times | 680 Words

In addition, Ameritrade said that 100 temporary employees will be let go. "We took this action based on current adverse market conditions," Ameritrade spokersperson Donna Kush told the E-Commerce Times, noting that the layoffs will help "ensure the long-term success" of the Internet's...

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Is "too much screen time" really a problem?
Yes -- smartphone addiction is ruining relationships.
Yes -- but primarily due to parents' failure to regulate kids' use.
Possibly -- long-term effects on health are not yet known.
Not really -- lack of self-discipline and good judgement are the problems.
No -- angst over "screen time" is just the latest overreaction to technology.
No -- what matters is the quality of content, not the time spent viewing it.